326 E Central Bethalto, IL
$ 1,425,000
Property Attributes
  • MLS#21082651
  • TypeCommercial
  • CountyMADISON-IL
  • CityBethalto
  • Zip62010
  • Style
  • Year Built1948
  • Taxes$ 22801
  • Price$ 1,425,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage30850
Listing Provided Courtesy Of:
Legacy Realty & Auction, LLC
Data Source:
Mid America Regional Information Systems (MARIS) - 71 - MO
Property Description

Excellent income producing real estate in this 30+ unit complex. You'll love the historic charm that has been maintained in the wide old school stairwells, wood floors, exposed brick walls in many areas, and original transoms. Each floor has washer/dryer units along with some apartments having their own. Many different layouts available to tenants. It has been well maintained and boasts many updates. These apartments have operated at full or near full capacity under current ownership for several years. The large rear unit is a perfect home for owner/manager with multiple living levels including a glassed in porch and spiral staircase leading to an open party room. Definitely a unique complex that is a must see for any investor.

Price History
11/19/2021 Listed $1,425,000

General Features

Attached Garage No
Building Square Footage 30850.00
Business Name My Old School Apartments
City Bethalto
Construction Materials Conventional
Cooling Electric
County Madison-IL
Current Use Three Stories or More, Apartment, Other, Residential
Directions From IL State Route 140 go North on S. Prairie Street turn Right or East by City Hall on E. Central Street. Located next to the Boys and Girls Club.
Disclosures Unknown, Occupancy Perm Req
Electric Three Phase, 440 Volts, Other
Heating Forced Air
Possible Use See Remarks
Property SubType Commercial & Indr.
Property Type Commercial Sale
Roof Other
Sewer Public Sewer
Showing Instructions By Appointment Only, Call Listing Agent, Do Not Disturb Ten's, Listg Agt Accompany
Standard Status Active
Street Name Central
Subdivision Name Not in a subdivision
Tax Annual Amount 22801
Tax Year 2020
Township Bethalto
Utilities Electricity Available, Gas to Site, Water Available, Sewer Available
Year Built 1948
Zoning improved Commercial

Interior Features

Above Grade Finished Area 30850
Above Grade Finished Area Source Owner
Heating Y/N Yes

Exterior Features

Inclusions Building & Land
Lot Size Source Owner
Parking Features Gravel
Road Frontage Type City Street
Total Parking 30
Water Source Public, Water Main - 2 Inch


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 62010

AVG $600K
AVG $8,690
Year Built
AVG 1948
AVG 44
Data Provided by Walkscore ® not using MLS data

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